AEA014: Immigration and Tax Solutions for Canadians On Business Travel to the United States

Today's podcast is a live webinar presented by Evelyn Ackah, Immigration Lawyer, and Laura McLeman, CPA, CA, CPA (Illinois), of Citizen Abroad Tax Advisors.Cross Border Business: Practical Immigration and Tax SolutionsThe main aspects of NAFTA that apply to individuals, professionals and companiesUsing NAFTAThe preferred tool to facilitate cross-border movements between Canada and the United States is the North American Free Trade Agreement - NAFTAUsed for temporary entry - not permanentNAFTA was established in 1994 to support economic and trade relationships between the United States, Canada and MexicoAs part of NAFTA, three main nonimmigrant categories were created: 1) Business Visitors (B-1 Visa) 2) Professionals (TN Visa) 3) Intra-company transferees (L-1 Visa)Benefits of HR and Leadership Training on Cross-Border Business IssuesCreate awareness of the rules for business leaders and HRAllows business to address the issue and make informed business decisions regarding risk vs actual costIncreases the compliance of employees who are taxableInforming employees of their responsibilityPuts the risks on employee and reduces the employer’s risk if employees ignore and attempt to push the consequences to managementProtects the Employer from significant tax, interest and/or penaltiesAddress the issue instead of ignoring the issueFollow @AckahLaw on social media, or subscribe to our newsletter https://www.ackahlaw.com/resources/sign-up-for-our-newsletter for the latest Canada and U.S. immigration news and updates.